2 posts tagged scarcity

Exploring Our Money Shadow

This is an excerpt from my upcoming book from Integral Publishers, Pay What It's Worth: You Don't Need to Set a Price on Value. Stay updated on when it's available for purchase here. Money is a symbol of two basic principles that underlie every process in the physical world: the principle of value, and the principle of giving and receiving. Whether it is our money, our labor, our commitment, or our care—we estimate the value of something by what we are willing to give for it and receive ...

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photocredit: Paul Nicholson

An Economy of Scarcity?

Economic theory is based on the assumption of scarcity - why is that? Aren’t we, collectively, always creating and printing more money? It's not a limited resource, so why do we use it like it is? We can't run out of it. It's not clean water. Or pandas. We make it, and we can always make more of it. So why should we believe and act like it's going to run out? I make a conscious choice to live in a world of abundance, not scarcity. And that includes money. In Paying What It's ...

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